Bitcoin chart review
BTC CHART
BTC CME FUTURES CHART
BTC CHART Published by Philosof at #Tradingview
https://www.tradingview.com/u/Philosof
Comment: CME futures gap between 9960 and 9275 Yesterday closed ✅ Very bullish move, although it is a good start for new higher low.
Target zone at 9200-9250 support hit on the same day Almost 7% wick down and bounce back.
BTC holds for 9600 SR, and from that location we can expect the following continuations.
Drop below will hit 9480 and may take it to the same targets mentioned in chart.
Stay above leaves a chance for another bullish impulse to test 9900 and higher with breakout target 10550.
The way chart look at the moment I prefer to stick to bearish scenario - and since 9200 was already tested, this opens the way to 8900.
Resistance: 9800 - 9960 - 10100 - 10550
Support: 9480 - 9230 ✅ 9000 - 8900
Fear & Greed index: 44 (<= 40 <= 41 <= 39)
BTC Dominance: 67.6% (<= 67.6 <= 67.2 <= 67)
24h Volume: $174 billion (<= 171 <= 137 <= 184)
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